IPO

Avanse Financial Services Limited IPO

Mainboard

Offer Date: TBA - TBA

₹ NaN /N/A Shares

Avanse Financial Services IPO Details

TBA

Open Date

TBA

Close Date

TBA

Allotment Date

TBA

Listing Date

Issue Price

₹N/A per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Market Lot

N/A Shares (₹N/A/-)

Lead Manager

Kotak Mahindra Capital Company Limited
Avendus Capital Pvt Ltd
J.P. Morgan India Private Limited
Nomura Financial Advisory And Securities (India) Pvt Ltd
Nuvama Wealth Management Limited
SBI Capital Markets Limited

Issue Size

Approx 3500 Crores

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP

Avanse Financial Services Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Avanse Financial Services Company Financials All values are in ₹ Cr.

31-Mar-2431-Mar-2331-Mar-22
Assets14,343.849,729.95N/A
Revenue1,728.81990.23N/A
Profit After Tax342.4157.71N/A

About The Company

Avanse Financial Services Limited is an education-oriented NBFC leader in India. Its assets under management are the second largest in the market, and its ranking for loan disbursements and profit also leads within its peer group. This education advancement-focused NBFC has student loans available for both studies within the country and international study pursuits. Also, secured loans are available to support education institutions' growth and their infrastructure requirements.

Beyond loans, value-added services including life, health, and travel insurance, wellness resources, foreign exchange, and financial health reports are all provided to customers through strategic third-party partnerships. Avanse operates at the grassroots level with a presence across 545 locations across 19 branches, supported by a 215-strong sales force and digital acquisition channel reach into major educational hubs as well as students across the country. Avanse stands for accessible education financing, which empowers students and institutions across the nation with committed, full-spectrum support.

It has serviced 545 locations in India and maintained a hybrid presence by strategically combining its physical branch network of 19 branches and sales offices and its 215-strong sales team with the distribution network. As of March 31, 2024, the company's distribution network consisted of 320 active education advisors and aggregators (agents specializing in education loans), 452 direct sales agents (DSAs), and the direct acquisition channel, which includes the digital marketing initiatives and referrals from existing customers.

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Avanse Financial Services - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%


Company Promoter(s)
  1. Olive Vine Investment Ltd

Avanse Financial Services IPO - Issue Objectives

  1. Augmenting the capital base to meet the Company's future capital requirements arising out of the growth of the business and assets.
  2. Meeting Offer Expenses.

Avanse Financial Services IPO - FAQs

Ans. Avanse Financial Services Limited IPO is a Mainboard IPO. The issue is priced at ₹N/A per equity share. The minimum order quantity is N/A Shares. The IPO opens on TBA, and closes on TBA. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Avanse Financial Services Limited IPO opens on TBA and closes on TBA.

Ans. The size of Avanse Financial Services Limited IPO is Approx 3500 Crores.

Ans. The IPO price band is set between ₹N/A per equity share.

Ans. To apply for Avanse Financial Services Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Avanse Financial Services Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Avanse Financial Services Limited IPO is TBA.

Ans. The Avanse Financial Services Limited IPO will be listed on TBA.

Ans. Follow the steps to check the allotment status for Avanse Financial Services Limited IPO here.